The recent Royal Decree-Law 5/2021, of March 12, on extraordinary measures to support business solvency in response to the Covid-19 pandemic, provides, among other aspects, direct aid to companies and the self-employed as financial support on their solvency and debt reduction. Companies and the self-employed must meet a series of requirements and conditions, which are… Continua a leggere Requirements for the awaited direct aid to companies and the self-employed
Autore: Anna Iatsel
Telematic shareholders’ meetings in 2021
Telematic shareholders` meetings were legally allowed to all capital companies for the first time in March 2020, as one of the urgent and exceptional measures adopted in view of the restrictions caused by Covid-19. These types of meetings have streamlined and facilitated corporate life, so it seems they have come to stay. Proof of this… Continua a leggere Telematic shareholders’ meetings in 2021
New regime for certain types of foreign investments in Spain
Spain has tightened its legal regime for certain types of foreign investments in order to protect its most vulnerable economic sectors, by introducing changes in Law 19/2003, of July 4, on the Legal Regime of Movements of Capital and Economic Transactions Abroad. The origin of the changes lies in Regulation (EU) 2019/452, of the European… Continua a leggere New regime for certain types of foreign investments in Spain
Residence permit vs. Tax residence in Spain
Every year Spain issues thousands of residence permits to foreign citizens who come here to study, work, invest or simply have holidays at their second home. Regardless of the type of authorisation, the same doubt usually arises: “having a residence permit in Spain implies becoming its tax resident?” First and foremost, it must be clear… Continua a leggere Residence permit vs. Tax residence in Spain
Force Majeure
Amid the current international sanitary crisis due to Covid-19 and the State of Alarm declared in Spain we should review the concept of “force majeure”, which has become an unexpected protagonist these days. Despite that, the Spanish legislation does not contain any specific regulation. This concept has been therefore developed by the Spanish doctrine and… Continua a leggere Force Majeure
Extraordinary measures of corporate law approved by the Spanish Government due to Covid-19
As the consequence of declaration of the state of alarm in Spain due to Covid-19, and with the purposes of mitigating a negative impact on functioning of Spanish companies, the Spanish Government has approved a range of extraordinary measures. They are set out in a Royal Decree-law 8/2020, of 17 March, on Urgent and extraordinary… Continua a leggere Extraordinary measures of corporate law approved by the Spanish Government due to Covid-19